Micbob4
Sep 29, 2017Explorer
Dealer
Anyone know of reputable dealer for Newmar on east coast? Thanks!
hipower wrote:Micbob4 wrote:wnytaxman wrote:
I would be surprised if there was more than a quarter of a point movement in interest rates between now and June. We were quote 3.99% at the Hershey Show but that rate may change between now and our delivery date in March/April. A quarter of a point is not a significant difference. On a $250,000 loan for 20 years, the difference in only about $30 a month.
Thanks! Who did you purchase from at Hershey? Our dealer quoted 4.79%. with wife pulling 850 credit score. Shocked me. Lol
You have plenty of time before closing, shop for your own financing. I've always been able to beat the dealers quoted rate, even at the same bank they were pushing.
Micbob4 wrote:wnytaxman wrote:
I would be surprised if there was more than a quarter of a point movement in interest rates between now and June. We were quote 3.99% at the Hershey Show but that rate may change between now and our delivery date in March/April. A quarter of a point is not a significant difference. On a $250,000 loan for 20 years, the difference in only about $30 a month.
Thanks! Who did you purchase from at Hershey? Our dealer quoted 4.79%. with wife pulling 850 credit score. Shocked me. Lol
Micbob4 wrote:
Anyone know of reputable dealer for Newmar on east coast? Thanks!
wnytaxman wrote:
I would be surprised if there was more than a quarter of a point movement in interest rates between now and June. We were quote 3.99% at the Hershey Show but that rate may change between now and our delivery date in March/April. A quarter of a point is not a significant difference. On a $250,000 loan for 20 years, the difference in only about $30 a month.
Micbob4 wrote:Bruce Brown wrote:
June??? Wow, they must be BUSY!
I am in industrial sales and the economy from what I'm seeing is very healthy. Seeing this leads me to think the RV industry is doing ok too.
Yeah, from what I've gathered Newmar doesn't build a lot per month. They have a single plant. June is fine, just wish I had confidence that interest rates would stay in check.
Bruce Brown wrote:
June??? Wow, they must be BUSY!
I am in industrial sales and the economy from what I'm seeing is very healthy. Seeing this leads me to think the RV industry is doing ok too.